Enento Group Oyj · OMXHEX:ENENTO
Enento Group Oyj — Asiakastieto Group — Q1 2015 Earnings Presentation
13 slides from Enento Group Oyj's earnings presentation, May 20, 2015
Slide 1: Asiakastieto Group Oyj Q1 / 2015 results
Asiakastieto Group Oyj Q1 / 2015 results CEO Jukka Ruuska 20 May 2015
Slide 2: Asiakastieto in brief
Asiakastieto in brief Overview of Asiakastieto Group Product area(1) Description One of the leading Finnish providers of Business business and consumer information services Information (BI) Risk management and general business information services which are mainly Products and services primari
Slide 3: Overview of Q1 2015
Overview of Q1 2015 EURm (unless stated otherwise) Q1 2015 Q1 2014 No signs of recovery in the Finnish economy during Q1 2015 Net sales 10.5 10.4 Growth (year-on-year) 1.6% -2.9% The development of Asiakastieto’s business was generally in line with our expectations for both net sales and Adjuste
Slide 4: Net sales: Continued growth across product areas
Net sales: Continued growth across product areas Quarterly net sales (EURm) Revenue by product area 10,5 10,5 Q1 2014 Q1 2015 10,4 10,3 10,1 6,0 Business +0.3% Information 6,0 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 2,8 Consumer +6.1% Information 2,9 Net sales growth (year-on-year) 0,6 Customer +13.
Slide 5: Strong continued demand for new products and services as well as value-added services
Strong continued demand for new products and services as well as value-added services New products and services share of net sales Strong growth from new products and 2015 2014 services especially in Consumer 6,7% Information and Customer Management 4,8% 5,3% Increased share of value-added servi
Slide 6: Profitability slightly impacted by sales mix and IT development work allocated to Q1 2015
Profitability slightly impacted by sales mix and IT development work allocated to Q1 2015 +0.2 0,0 -0.1 5,2 -0.1 -0.2 -0.1 4,9 Adjusted Net sales Other Materials and Personnel Other Capitalised Adjusted EBITDA in Q1 operating services expenses operating own work EBITDA in Q1 2014 income expenses 201
Slide 7: Net debt reduction and good recurring free cash flow
Net debt reduction and good recurring free cash flow EURm (unless stated otherwise)1 Q1 2015 Q1 2014 FY 2014 Net debt decreased by EUR 3 million from Q4 2014 Net debt 59.4 183.4 62.4 Net debt / adjusted EBITDA 3.0x 8.8x 3.0x Net debt / adjusted EBITDA within target of 3.0x Gearing, % 87.3% neg.
Slide 8: Long-term targets and guidance for 2015 remain unchanged
Long-term targets and guidance for 2015 remain unchanged Financial targets(1) Growth Achieve 4 to 9 percent annual average growth in net sales Profitability Maintain EBIT-margin at or around historic levels Balance sheet Maintain net debt to EBITDA of less than 3.0x while structure continuing to mai
Slide 9: Summary Financial Statements Q1 2015
Summary Financial Statements Q1 2015 9
Slide 10: Summary income statement
Summary income statement EUR million Q1 2015 Q1 2014 Full year 2014 Net sales 10.5 10.4 41.4 Other operating income 0.0 0.0 0.2 Materials and services -1.7 -1.6 -6.3 Personnel expenses -2.7 -2.5 -9.8 Other operating expenses -3.7 -1.5 -7.0 Work performed by the entity and capitalised 0.2 0.3 1.0 Dep
Slide 11: Summary balance sheet
Summary balance sheet EUR million Q1 2015 Q4 2014 EUR million Q1 2015 Q4 2014 ASSETS EQUITY AND LIABILITIES Goodwill 111.4 111.4 Share capital 0.1 0.1 Other intangible assets 5.2 4.5 Invested unrestricted equity Property, plant and reserve 116.6 115.3 equipment 4.1 4.0 Accumulated losses -50.0 -48.1
Slide 12: Summary cash flow
Summary cash flow EUR million Q1 2015 Q1 2014 Q4 2014 Cash flows from operating activities Result before income tax 1.8 -2.0 -11.2 Depreciation and amortisation 0.6 0.5 2.0 Finance income and expenses 0.4 6.7 28.9 Profit (-) / loss (+) on disposal of property, plant and equipment 0.0 0.0 -0.2 Other
Slide 13: Questions & Answers
Questions & Answers (6) asiakastieto.fi